Quinn: Illinois’ Unemployment Drop Is ‘momentous’

CHICAGO (AP) — Gov. Pat Quinn says Illinois’ drop in unemployment is a sign that his policies addressing the state’s business climate are working.
He addressed reporters Thursday at a Chicago pipe and conduit manufacturer calling it a “momentous” day. State officials say unemployment fell in July to 6.8 percent. That’s a drop from 9.2 percent one year ago and marks the largest year-over-year decline since 1984. The last time the rate was lower than 6.8 was in August 2008 when it was 6.7.

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